Online TV network Blip.tv snags funds, touts growth

Online TV network Blip.tv snags funds, touts growth

Blip.tv, a web television network that hosts shows, series and video blogs, announced today that it raised an undisclosed amount in a second round of financing led by Bain Capital Ventures. It also said it has seen a 250 percent jump in video views over the past year, hitting 51 million views in September.

The New York-based company plans to use the new money to beef up its advertising platform and forge more syndication relationships, it… Continue Reading